The NNPC’s Group Managing Director, Mele Kyari, disclosed this when he led the management team of the oil company on a courtesy visit to the Bureau of Public Enterprises in Abuja, according to a statement by the BPE issued in…
Nigerians Consumed 1.63 Billion Litres Of PMS In June ― NNPC
Nigerians consumed a total of 1.63billion litres of Petroleum Motor Spirit (PMS) translating to 54.50 million litres/day in June 2021, the Nigerian National Petroleum Company (NNPC) Limited has disclosed. This was even as it announced a trading surplus of N141.96billion…
NNPC to lift force majeure on Bonny Light in October
NIGERIAN National Pe-troleum Corporation, NNPC, plans to lift the force majeure on Nigeria’s Bonny Light crude next month. Shell Petroleum Development Company, SPDC, declared a force majeure on September 16, 2017, on Nigeria’s Bonny Light crude, due to issues affecting…
NNPC saves $2bn, N40bn from upstream contracts, DSDP
The Nigerian National Petroleum Corporation, NNPC, yesterday, said it saved $2 billion over the last one year from discounts secured from the renegotiation of upstream contracts executed by its various service providers. The NNPC also stated that its recently introduced…